On May 7, 2025, Abu Dhabi’s AltNovel partnered with global digital asset manager 3iQ to launch the AltNovel Digital Access Portfolio (ADAP), the Middle East’s first multi-strategy digital assets fund. Regulated by the UAE’s Financial Services Regulatory Authority, ADAP aims to deliver 20%+ annual returns with reduced volatility for professional investors. But what makes this fund a potential game-changer for crypto newcomers?
Unlike single-asset investments like Bitcoin, ADAP diversifies across strategies—think trading, staking, and DeFi protocols—to balance risk and reward. 3iQ, with $1 billion in assets under management, brings expertise from pioneering Bitcoin and Solana ETFs in Canada. AltNovel’s local market savvy ensures tailored portfolio structuring. Posts on X highlight excitement, with users calling it a “landmark for UAE crypto adoption.”
This fund taps into the Middle East’s growing crypto appetite, where 7.5% of global transaction volume occurs. It could attract institutional players, boosting regional blockchain innovation. However, crypto’s volatility and regulatory shifts, like potential SEC oversight, pose risks. For beginners, ADAP offers a structured way to enter crypto without navigating exchanges, but high entry barriers limit it to accredited investors.
ADAP signals the UAE’s ambition to lead in digital finance. Could it spark a regional crypto boom? Share your thoughts below and follow trafy.io for more crypto insights
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The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.